1513 5th Ave Mankato, MN 56001
The Prairie NeighborhoodEstimated payment $1,237/month
Highlights
- Ranch Style House
- Breakfast Area or Nook
- 2 Car Detached Garage
- Franklin Elementary School Rated A
- Formal Dining Room
- 3-minute walk to Bienapfl Park
About This Home
Opportunity knocks with this 2-bedroom, 2-bath home offering great potential for the right buyer! Featuring a two-stall detached garage plus a 12x12 shed, there’s plenty of space for parking, storage, or hobbies. Inside, you’ll find two bedrooms and a full bath on the main level. The lower level offers a fantastic opportunity to expand your living space with room to finish a family room centered around a cozy gas fireplace. There’s also plenty of space for storage, mechanicals, laundry, and a second bathroom. This home is ideal for someone looking to stop renting and start building equity while adding their own personal touches. With an interior drain system already in place and low-maintenance siding, some of the important updates have already been taken care of just bring your vision and a little sweat equity to make it your own!
Listing Agent
AMERICAN WAY REALTY Brokerage Phone: 507-345-4040 Listed on: 04/09/2026
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,124
Year Built
- Built in 1950
Lot Details
- 9,583 Sq Ft Lot
- Lot Dimensions are 60x158
Home Design
- Ranch Style House
- Frame Construction
- Asphalt Shingled Roof
- Vinyl Siding
Interior Spaces
- 1,215 Sq Ft Home
- Gas Fireplace
- Formal Dining Room
Kitchen
- Breakfast Area or Nook
- Eat-In Kitchen
- Range
Bedrooms and Bathrooms
- 2 Bedrooms
- Bathroom on Main Level
- 2 Full Bathrooms
Laundry
- Laundry Room
- Dryer
- Washer
Unfinished Basement
- Basement Fills Entire Space Under The House
- Sump Pump
- Drain
- Block Basement Construction
Parking
- 2 Car Detached Garage
- Driveway
Outdoor Features
- Patio
- Storage Shed
Utilities
- Forced Air Heating and Cooling System
Listing and Financial Details
- Assessor Parcel Number R01.09.07.201.004
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $2,918 | $202,200 | $30,300 | $171,900 |
| 2024 | $2,562 | $182,700 | $30,300 | $152,400 |
| 2023 | $2,564 | $206,200 | $30,300 | $175,900 |
| 2022 | $2,186 | $170,400 | $23,600 | $146,800 |
| 2021 | $1,340 | $131,900 | $23,600 | $108,300 |
| 2020 | $1,262 | $120,000 | $23,600 | $96,400 |
| 2019 | $1,202 | $120,000 | $23,600 | $96,400 |
| 2018 | $1,028 | $115,400 | $23,600 | $91,800 |
| 2017 | $844 | $102,800 | $20,200 | $82,600 |
| 2016 | $20 | $93,100 | $20,200 | $72,900 |
| 2015 | $0 | $95,000 | $20,200 | $74,800 |
| 2014 | $20 | $95,100 | $20,200 | $74,900 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 04/14/2026 04/14/26 | Price Changed | $199,900 | -4.8% | $165 / Sq Ft | |
| 04/09/2026 04/09/26 | For Sale | $209,900 | +55.5% | $173 / Sq Ft | |
| 09/20/2017 09/20/17 | Sold | $135,000 | -3.5% | $86 / Sq Ft | View Prior Sale |
| 08/07/2017 08/07/17 | Pending | -- | -- | -- | |
| 07/26/2017 07/26/17 | For Sale | $139,900 | -- | $89 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $135,000 | Minnesota River Valley Title | |
| Warranty Deed | $95,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $130,950 | New Conventional |
Source: REALTOR® Association of Southern Minnesota
MLS Number: 7039921
APN: R01-09-07-201-004
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Ask me questions while you tour the home.